Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net

v3.21.1
Property and Equipment, Net
 3 Months Ended
Mar. 31, 2021
Property and Equipment, Net  
Property and Equipment, Net

7.    Property and Equipment, Net

Property and equipment consist of the following ($ in thousands):

 

 

 

 

 

 

 

 

 

 

 

    

Useful Life

    

March 31, 

    

December 31, 

 

 

(Years)

 

2021

 

2020

Machinery and equipment

 

3 - 10

 

$

940

 

$

2,894

Office furniture and equipment

 

3 - 10

 

 

49

 

 

49

Leasehold improvements

 
6

 

 

228

 

 

228

Construction in progress

 

N/A

 

 

 —

 

 

461

​

 

 

 

 

1,217

 

 

3,632

Less: accumulated depreciation and amortization

 

 

 

 

(421)

 

 

(3,079)

Property and equipment, net

 

  

 

$

796

 

$

553

 

Depreciation and amortization expense for the three months ended March  31, 2021 and 2020 was $24 thousand and $10 thousand, respectively.